Past 10 year's financial track record analysis by Moneyworks4me indicates that Synoptics Technologies Ltd is a average quality company.
The key valuation ratios of Synoptics Technologies Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Synoptics Technologies Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 31.2% | 38.2% | 35.2% | 23.5% | 48.3% | 30.7% | 27.5% | 15.4% | - |
| Value Creation Index ⓘ | 1.2 | 1.7 | 1.5 | 0.7 | 2.5 | 1.2 | 1.0 | 0.1 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||
| Sales ⓘ | 10 | 20.2 | 41.2 | 30.5 | 50.4 | 50.7 | 51.1 | 43.2 | 43 |
| Sales YoY Gr. | - | 101.5% | 104.1% | -26.2% | 65.6% | 0.6% | 0.7% | -15.4% | - |
| Adj EPS ⓘ | 3 | 4.4 | 6.6 | 5.8 | 22.8 | 6.1 | 9.4 | 7.1 | 7.1 |
| YoY Gr. | - | 49.8% | 50% | -12.1% | 291.6% | -73.2% | 53.5% | -24.8% | - |
| BVPS (₹) ⓘ | 10.1 | 14.3 | 21 | 26.7 | 49.5 | 27.2 | 36.3 | 77.5 | 77.5 |
| Adj Net Profit ⓘ | 0.4 | 0.6 | 0.9 | 0.8 | 3.2 | 4.3 | 6.6 | 6 | 6 |
| Cash Flow from Ops. ⓘ | 1 | 0.5 | -1 | 1.2 | 0.9 | 5.3 | -0.4 | -23.4 | - |
| Debt/CF from Ops. ⓘ | 1.1 | 2.7 | -3.9 | 3.6 | 8.2 | 2.7 | -51.8 | -0.9 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | 1% | -5% | -15.4% | ||||
| Adj EPS ⓘ | NA | 1.3% | -32.3% | -24.8% | ||||
| BVPSⓘ | NA | 29.9% | 16.1% | 113.8% | ||||
| Share Price | - | - | - | -8% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 29.1 | 36.2 | 37.6 | 24.4 | 59.9 | 33.1 | 29.7 | 13.2 | 9.1 |
| Op. Profit Mgn % ⓘ | 7.9 | 7.5 | 5.3 | 7 | 11.4 | 21.8 | 30.2 | 31.6 | NAN |
| Net Profit Mgn % ⓘ | 4.1 | 3.1 | 2.3 | 2.7 | 6.3 | 8.5 | 12.9 | 13.9 | 13.9 |
| Debt to Equity ⓘ | 0.8 | 0.6 | 1.3 | 1.2 | 1 | 0.7 | 0.9 | 0.3 | - |
| Working Cap Days ⓘ | 0 | 119 | 116 | 215 | 140 | 174 | 240 | 470 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 11 | 19 | 45 | 51 | 78 | 117 | 173 | 0 |
Debt to equity has declined versus last 3 years average to 0.31
Return on Equity has declined versus last 3 years average to 9.10%
Sales growth has been subdued in last 3 years -5.00%
Net Profit has been subdued in last 3 years -32.31%
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 7.1 | 7.1 |
| TTM Sales (₹ Cr.) | 43.2 | 43.2 |
| BVPS (₹.) ⓘ | 77.5 | 77.5 |
| Reserves (₹ Cr.) ⓘ | 57 | 57 |
| P/BV ⓘ | 1.51 | 1.51 |
| PE ⓘ | 16.59 | 16.58 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 0.00 / 0.00 |
| All Time Low / High (₹) | - / - |
| Market Cap (₹ Cr.) | 99.6 |
| Equity (₹ Cr.) | 8.5 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 69 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|
| Sales | 10.03 | 20.21 | 41.24 | 30.45 | 50.43 | 50.74 | 51.08 | 43.24 |
| Operating Expenses ⓘ | 9.24 | 18.72 | 39.07 | 28.33 | 44.70 | 39.69 | 35.65 | 29.58 |
| Manufacturing Costs | 0.03 | 0.04 | 0.04 | 0.04 | 0.05 | 0.27 | 0.30 | 0.38 |
| Material Costs | 7.70 | 16.79 | 34.47 | 23.55 | 39.98 | 22.47 | 15.19 | 14.74 |
| Employee Cost | 0.81 | 1.26 | 2.63 | 3.67 | 3.67 | 11.99 | 14.36 | 10.84 |
| Other Costs ⓘ | 0.70 | 0.63 | 1.93 | 1.08 | 0.99 | 4.97 | 5.80 | 3.61 |
| Operating Profit ⓘ | 0.79 | 1.50 | 2.17 | 2.12 | 5.73 | 11.04 | 15.43 | 13.66 |
| Operating Profit Margin (%) | 7.9% | 7.4% | 5.3% | 7.0% | 11.4% | 21.8% | 30.2% | 31.6% |
| Other Income ⓘ | 0.18 | 0.01 | 0.03 | 0.02 | 0.03 | 0.05 | 0.16 | 0.18 |
| Interest ⓘ | 0.10 | 0.17 | 0.38 | 0.48 | 0.86 | 1.39 | 2.29 | 2.37 |
| Depreciation ⓘ | 0.19 | 0.41 | 0.44 | 0.41 | 0.45 | 3.87 | 4.55 | 3.57 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 0.68 | 0.92 | 1.37 | 1.26 | 4.45 | 5.83 | 8.74 | 7.90 |
| Tax ⓘ | 0.27 | 0.32 | 0.44 | 0.45 | 1.26 | 1.54 | 2.12 | 1.89 |
| Profit After Tax | 0.41 | 0.60 | 0.93 | 0.80 | 3.19 | 4.29 | 6.63 | 6 |
| PAT Margin (%) | 4.1% | 3.0% | 2.3% | 2.6% | 6.3% | 8.5% | 13.0% | 13.9% |
| Adjusted EPS (₹) | 3.0 | 4.3 | 6.6 | 5.7 | 22.8 | 6.1 | 9.5 | 7.1 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'22 | Mar'23 | Mar'24 | ||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 1.42 | 2 | 2.94 | 3.74 | 6.94 | 19.02 | 25.39 | 65.74 | ||
| Share Capital ⓘ | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 7 | 7 | 8.48 | ||
| Reserves ⓘ | 1.41 | 1.99 | 2.93 | 3.73 | 6.93 | 12.02 | 18.39 | 57.26 | ||
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Debt | 0.99 | 1.14 | 3.18 | 3.71 | 5.09 | 8.44 | 14.66 | 14.21 | ||
| Long Term Debt | 0.99 | 1.14 | 1.75 | 1.91 | 3.12 | 5.45 | 10.28 | 6.13 | ||
| Short Term Debt | 0 | 0 | 1.43 | 1.80 | 1.98 | 2.99 | 4.39 | 8.08 | ||
| Trade Payables | 3.58 | 6.40 | 12.71 | 11.67 | 8.32 | 4.14 | 2.45 | 2.13 | ||
| Others Liabilities ⓘ | 0.68 | 0.65 | 1.68 | 2.45 | 6 | 11.13 | 12.48 | 9.18 | ||
| Total Liabilities ⓘ | 6.67 | 10.19 | 20.51 | 21.57 | 26.35 | 42.74 | 54.99 | 91.25 | ||
Fixed Assets | ||||||||||
| Gross Block | 1.62 | 2.46 | 3.36 | 4.18 | 5.59 | 25.03 | 25.94 | 31.66 | ||
| Accumulated Depreciation | 0.38 | 0.81 | 1.25 | 1.67 | 2.12 | 12.54 | 17.10 | 20.67 | ||
| Net Fixed Assetsⓘ | 1.23 | 1.65 | 2.10 | 2.52 | 3.47 | 12.49 | 8.85 | 10.99 | ||
| CWIP ⓘ | 0 | 0 | 0 | 0 | 1.42 | 1.08 | 3.84 | 4.16 | ||
| Investmentsⓘ | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.01 | 0.01 | ||
| Inventories | 0.65 | 1.09 | 1.45 | 1.16 | 0.94 | 5.84 | 5.15 | 5.18 | ||
| Trade Receivables | 3.68 | 6.29 | 15.69 | 16.02 | 18.70 | 10.80 | 20.72 | 16.33 | ||
| Cash Equivalents | 0.61 | 0.20 | 0.53 | 1.05 | 0.90 | 1.46 | 2.85 | 4.08 | ||
| Others Assetsⓘ | 0.50 | 0.97 | 0.74 | 0.83 | 0.92 | 11.06 | 13.58 | 50.49 | ||
| Total Assets ⓘ | 6.67 | 10.19 | 20.51 | 21.57 | 26.35 | 42.74 | 54.99 | 91.25 | ||
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 1.03 | 0.46 | -0.97 | 1.20 | 0.85 | 5.29 | -0.42 | -23.38 |
| PBT ⓘ | 0.68 | 0.92 | 1.37 | 1.26 | 4.45 | 5.83 | 8.74 | 7.90 |
| Adjustment ⓘ | 0.30 | 0.65 | 0.75 | 0.85 | 1.24 | 5.19 | 6.49 | 5.78 |
| Changes in Working Capital ⓘ | 0.31 | -0.77 | -2.71 | -0.23 | -3.93 | -4.05 | -12.99 | -34.91 |
| Tax Paid ⓘ | -0.27 | -0.35 | -0.38 | -0.68 | -0.91 | -1.67 | -2.67 | -2.15 |
| Cash Flow From Investing Activity ⓘ | -0.69 | -0.87 | -0.90 | -0.83 | -2.82 | -5.36 | -3.67 | -6.05 |
| Capex | -0.69 | -0.87 | -0.90 | -0.83 | -2.82 | -5.36 | -3.67 | -6.05 |
| Net Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Flow From Financing Activityⓘ | 0.27 | 0.01 | 2.20 | 0.16 | 1.82 | 0.83 | 5.48 | 30.66 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 35.08 |
| Net Proceeds from Borrowing ⓘ | 1.08 | 0.17 | 1.08 | 0.22 | 2.43 | -0.66 | 4.83 | -4.15 |
| Interest Paid ⓘ | -0.09 | -0.17 | -0.31 | -0.44 | -0.79 | -1.32 | -2.19 | -2.21 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | -0.72 | 0 | 1.43 | 0.37 | 0.18 | 2.81 | 2.84 | 1.94 |
| Net Cash Flow ⓘ | 0.60 | -0.41 | 0.33 | 0.53 | -0.16 | 0.77 | 1.39 | 1.24 |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'22 | Mar'23 | Mar'24 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 29.12 | 35.13 | 37.58 | 24.04 | 59.8 | 33.07 | 29.83 | 13.18 | ||
| ROCE (%) | 31.15 | 38.16 | 35.24 | 23.45 | 48.33 | 30.7 | 27.49 | 15.42 | ||
| Asset Turnover Ratio | 1.5 | 2.4 | 2.69 | 1.45 | 2.1 | 1.47 | 1.05 | 0.59 | ||
| PAT to CFO Conversion(x) | 2.51 | 0.77 | -1.04 | 1.5 | 0.27 | 1.23 | -0.06 | -3.9 | Working Capital Days | |
| Receivable Days | 134 | 90 | 97 | 190 | 126 | 106 | 113 | 156 | ||
| Inventory Days | 24 | 16 | 11 | 16 | 8 | 24 | 39 | 44 | ||
| Payable Days | 170 | 109 | 101 | 189 | 91 | 101 | 79 | 57 | ||
The company was incorporated as Synoptics Technologies Private Limited under the provisions of the Companies Act, 1956 vide certificate of incorporation dated October 15, 2008 in Mumbai. Subsequently, the company was converted into a Public Limited Company pursuant to Shareholders Resolution passed at the Extra Ordinary General Meeting of the company held on July 03, 2018 and the name of the company was changed from ‘Synoptics Technologies Private Limited’ to ‘Synoptics Technologies Limited’ vide a fresh Certificate of Incorporation dated July 19, 2018 issued by the Registrar of Companies, Mumbai.
It is an IT Services company offering solutions in the areas of IT Infrastructure like connectivity to the Branches, Supply, implementation and support of the network equipment’s needed to run the IT setup like routers, switches etc. It designs the solution for customers who need to put their applications on Cloud. It helps for the application migration and manage the setup in the cloud. IT Security solution like firewall installation and management. Data Centre design and solution with newer technology to optimize the investment and use less space and power and with clearly defined outcomes. Synoptics helps enterprise, small businesses and Government in their Digital journey with various use cases of specific industry verticals with its technology led and innovation driven approach.
It is currently operating across India and with a team of many employees. It has the ability to provide its B2B (Business to Business) customers with a blend of optimal functionality, value for money, commitment and flexibility (coupled with on-site support across India). The company aims to reduce Total Cost of Ownership (TCO) and increase Return on Investment (RoI) for its customers to adopt any kind of Digital Transformation use case with its technology led and innovation driven approach. Its B2B customers include government entities, public sector undertakings (PSUs), private enterprises.
Business area of the company
The company is an IT Services company offering solutions in the areas of IT Infrastructure like connectivity to the Branches, Supply, implementation and support of the network equipment’s needed to run the IT setup like routers, switches etc.
Services and solution of the company
History and milestone
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
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